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20110701
20110731
Search Results 0 to 7 of about 8 (some duplicates have been removed)
to jon carl who first breck this story, the story of a framework last night. jon, dan used the word at the top of the broadcast, the emphasis here is on "fragile." >> that's right. the details are still being worked out. you know how important the details are, and nobody has signed on the dotted line yet. but i am told congressional leaders will brief their membership on the framework of this tentative deal later this morning. >> majority leader. >> late last night, senate majority leader, harry reid called off a vote on the debt ceiling plan, citing progress towards a deal. >> i'm glad to see this move toward cooperation and compromise. i hope it bears fruit. >> reporter: congressional sources tell abc news that two sides have tentatively agreed to a framework that includes a debt ceiling increase of up to $2.4 trillion, enough to last through the presidential election. agreement on more than $1 trillionon ispending cuts in the next ten years and a new special congressional committee to recommend additional deficit reduction of more than a trillion dollars. if congress doesn't act
side's rhetoric squares very well with reality. let's get some perspective now from jon corzine, former democratic governor of new jersey, before that a u.s. senator and ceo of goldman sachs. currently he runs an investment firm mf global holdings limited. also carli fiorina, advisor to republican senatorial committee. also former senior campaign adviser to john mccain and before that ceo of hewlett-packard. let me start with you carly. you heard those sound bites. it seems like ending the corporate jet tax hike would be uncontroversial, but it seems like some of your fellow republicans are drawing a hard line on any revenue-raising proposals whatsoever. do you believe we can make a dent without doing that? >> i think first of all with regard to the rhetoric of millionaires and billionaires, the problem is when you look at the fine print what democrats are really talking about is raising taxes on a family that makes $250,000. and if you're a nurse and a fireman raising two kids, you don't feel very wealthy right now. so i think that's the problem. the rhetoric doesn't match the reality.
there are going to be folks on both sides. the question is, can you get enough votes? and i think jon is absolutely right. it's critically important that we raise the debt ceiling. i think, however, the president of the united states is not a freshman house republican. >> right. >> and as i said, this deal has been on the table for a long time. this problem has been on the table for a long time. i think we need the president of the united states, the leader of the free world, to step forward and lead here. and i think there will be enough bipartisan support to get a deal done. >> has he not been leading on this? i mean, with regards to his most recent conversations? >> you know, disappointingly president obama put forward a budget in february. this was his opportunity to lead, in my opinion that. budget was voted down 97-0. it tackled entitlement reform not a bit. he gave a wonderful speech in april which the congressional budget office said it couldn't score because there weren't enough specifics. the truth is, the president himself has never put a deal on the table. he's asked other
, after the media hype, it didn't work. it's passed away. >> we go from jon huntsman to tim pawlenty, a very nice guy, successful minnesota governor. yet the iowa poll that came out suggests tim pawlenty is in big trouble. >> he can't great through. he's on the sunday shows, making speeches at cfr, but he hovers around the 9% margin. if he doesn't make a move quickly, he better watch it. >> a cautionary note on pawlenty. he's been in iowa working for i don't know how long. he's got to be organized for the iowa straw polls in august. i think he's got to outperform whatever present number he has. michele bachmann has been in there three weeks. you have to organize the state and the community. he's probably been in all 99 counties. he might have a surprise showing in the iowa aim straw poll. unless he does, he's in, what was it, deep doo-doo. >> one way to look at it. >> do we arrive at a point where republican candidates -- >> that's the big question. to what degree is this base going to go with anybody but barack? i think romney will prove that out. the race is so unsettled at this po
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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